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Rbc direct investing clients saw Shopify jump 3
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RBC Direct Investing clients saw Shopify jump 3.8% following new global payment integrations. Breakout above CAD $90 sets next resistance at $95, with bullish MACD crossovers reinforcing positive sentiment. These changes are expected to significantly improve return on ad spend (ROAS), with Pinterest’s stock poised for a potential upward re-rating as growth reaccelerates to around 20%. RBC notes that the company is not reliant on U.S. user base expansion, as even its current users are seen as capable of driving higher growth through better ad engagement. You will earn i) $2.00 back for every $100.00 (2% Cash Back Credit) in Grocery Store Purchases you make up to a maximum of $6,000 per Annual Period; ii) $1.00 back for every $100.00 (1% Cash Back Credit) in Grocery Store Purchases you make in excess of $6,000 during an Annual Period, unlimited; iii) $0.50 back for every $100.00 (0.5% Cash Back Credit) in Net Purchases you make (including pre-authorized bill payments), other than Grocery Store Purchases, up to a maximum of $6,000 per Annual Period, and iv) $1.00 back for every $100.00 (1% Cash Back Credit) in Net Purchases you make (including pre-authorized bill payments), other than Grocery Store Purchases, in excess of $6,000 during an Annual Period, unlimited. Grocery Store Purchases are purchases made at merchants classified by Mastercard’s “Merchant Category Code” as “grocery stores and supermarkets” (MCC 5411). Royal Bank of Canada (“Royal Bank”) cannot guarantee that any merchant, operating in whole or in part as a grocery store, is classified by MCC 5411 and in no event will Royal Bank be liable or responsible for any claims with respect to a grocery store purchase made at a merchant that is not classified by MCC 5411. To consult the list of participating merchants, please visit www.rbc.com/nofeecashback . For complete details, please refer to the RBC Cash Back Program Terms and Conditions at www.rbc.com/nofeecashback RBC Direct Investing daily watchlists highlight Canadian agricultural stocks gaining as wheat futures hit a 6-month high. Demand-driven export trends could push Ag Growth International up another 5–7%.